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Restaurant Franchise or Not

Pierce County, WA
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Asking Price:$225,000
Inventory:$4,000
Established Year:2014
Gross Revenue:$820,786
FF&E:$18,000
Listing ID: 2299424Listing provided by BizBuySell
BUSINESS DESCRIPTION

Well-known big-name food franchise restaurant. Over $800,000 in annual sales with an absentee owner. The owner actually lives out of state, so how’s that for passive sales numbers? Just imagine, “How much more ($$$) an owner-operator in place on a daily basis could be cooking up.”

Being a part of this franchise also comes with all the delicious money-making recipes that are already in place for you, all the marketing, advertising and training are tight (that means looking good). Everything is organized and streamlined.

This food menu is set up perfectly for making big dollars on catering, meetings and special occasions too. This business is 10 years established at this location, so lots of customer base built up for you to continue to serve. The lease here has lots of time left and an option to extend for more time.

This restaurant is fully equipped and comes with 2 Type 1 hood systems in the kitchen, walk in refrigeration, 2200 square footage with seating for 70 inside and 12 outside. This is a self-standing building, great furniture and fixtures, there is lots of storage space and lots free parking.

Here’s some more goodies for you to chew on, iffin you want to buy this as not part of the franchise you can do that. Where else can you buy a fully equipped restaurant in a prime location that does well over $800,000 a year in sales (with an absentee owner) for only $225,000? It’s all here all set up and established, just needs you to take charge. Give us a contact on this one.

DETAILED INFORMATION
Location
Pierce County, WA
Inventory
Not Included in asking price
Employees
7
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The monthly lease is $7,700 with the triple net included. The lease expires in July of 2028, and there is an option to renew. The square footage here is 2200, with inside seating at 70 and 12 outside seating. The kitchen boasts 2 types: 1 hood system and walk-in refrigeration. There is lots of extra storage and plenty of free parking. This is a self-standing building; this restaurant is fully equipped in every way. Being as such the menu concept could easily adapt to any food concept that meets with your business plans.
Competition
This is a food franchise and has no similar food offering close by. The closest same-food competition is about 5 miles away. The owner is absentee and lives out of state so the easiest and most effective way to expand the already great annual sales numbers of ($820,786) is to have an owner who is here locally and can be more part of this business. There is huge catering dollars available for this type of food. An owner-operator is much more likely to be able to capture these catering dollars. The annual sales here could easily pass a MILLION DOLLARS an
Growth & Expansion
This is a food franchise and has no similar food offering close by. The closest same-food competition is about 5 miles away. The owner is absentee and lives out of state so the easiest and most effective way to expand the already great annual sales numbers of ($820,786) is to have an owner who is here locally and can be more part of this business. There is huge catering dollars available for this type of food. An owner-operator is much more likely to be able to capture these catering dollars. The annual sales here could easily pass a MILLION DOLLARS an
Support & Training
If you buy this as part of the franchise all training will be provided
Reason for Selling
Seller lives out of state so this business is difficult to manage long distance
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David
Smith
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David Smith
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